Goldman Sachs Expert Who Accurately Predicted the Current Market Correction: Turning Technically Bullish by Late August
Goldman Sachs expert Rubner states that we are nearing the end of the most severe period of supply-demand imbalance in stocks for August. In baseball terms, we're in the 8th inning of a 9-inning correction. $NVIDIA (NVDA.US)$ 's performance after its late-August earnings report will mark the technical low for this AI darling.
Goldman Sachs trader Vani Ranganath notes that corporate stock buyback windows are opening, bringing "reinforcements" to U.S. stocks. The buyback volume has doubled since last week, and by the end of this week, 93% of $S&P 500 Index (.SPX.US)$ companies will be in their buyback window, which is expected to last until September 6.
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